Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 3.95% is 76% below its 5-year average of 16.34%, near the low end of its 5-year range (0.96%–28.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.79% above its 12-month average of 3.35%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.95%.
DEBT TO ASSETS RATIO
3.95%
DEBT TO ASSETS RATIO AVG TTM
3.35%
DEBT TO ASSETS RATIO AVG 3Y
9.45%
DEBT TO ASSETS RATIO AVG 5Y
16.34%
DEBT TO ASSETS RATIO AVG 10Y
17.05%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+17.79%
CURRENT VS 3Y AVG
-58.25%
CURRENT VS 5Y AVG
-75.85%
CURRENT VS 10Y AVG
-76.86%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.09%
median of 873 covered companies
CURRENT VS SECTOR MEDIAN
+4284.36%
vs the sector median at left
The Joint Corp.
Market Cap
$101.36M
Debt to Assets Ratio
3.95%
TTM Avg
3.35%
3Y Avg
9.45%
5Y Avg
16.34%
Market Cap
$102.75M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$99.62M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$103.14M
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$104.26M
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$104.68M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$97.94M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Joint Corp. (JYNT) | $101.36M | 3.95% | 3.35% | 9.45% | 16.34% |
| Anixa Biosciences, Inc. (ANIX)vs › | $102.75M | 0.01% | N/A | N/A | N/A |
| OnKure Therapeutics, Inc. (OKUR)vs › | $99.62M | 0.01% | N/A | N/A | N/A |
| Black Diamond Therapeutics, Inc. (BDTX)vs › | $103.14M | 0.14% | N/A | N/A | N/A |
| Definitive Healthcare Corp. (DH)vs › | $104.26M | 0.34% | N/A | N/A | N/A |
| Polaryx Therapeutics, Inc. Common Stock (PLYX)vs › | $104.68M | 0.00% | N/A | N/A | N/A |
| Conexeu Sciences Inc. (CNXU)vs › | $97.94M | N/A | N/A | N/A | N/A |
| PolyPid Ltd. (PYPD)vs › | $97.90M | 0.10% | N/A | N/A | N/A |
| Korro Bio, Inc. (KRRO)vs › | $97.14M | 0.26% | N/A | N/A | N/A |
| Immunic, Inc. (IMUX)vs › | $106.52M | 0.00% | N/A | N/A | N/A |
Debt/Assets
3.9%
Debt/Equity
0.13
Current Ratio
1.83
Interest Coverage
N/A
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 3.95% |
| 2026-03-31 | 3.53% |
| 2025-12-31 | 3.30% |
| 2025-09-30 | 3.01% |
| 2025-06-30 | 2.97% |
| 2025-03-31 | 2.92% |
| 2024-12-31 | 0.96% |
| 2024-09-30 | 11.84% |
| 2024-06-30 | 17.06% |
| 2024-03-31 | 16.82% |
| 2023-12-31 | 3.28% |
| 2023-09-30 | 25.02% |
| 2023-06-30 | 28.21% |
| 2023-03-31 | 28.47% |
| 2022-12-31 | 27.87% |
| 2022-09-30 | 27.74% |
| 2022-06-30 | 28.98% |
| 2022-03-31 | 28.42% |
| 2021-12-31 | 27.13% |
| 2021-09-30 | 25.95% |
| 2021-06-30 | 25.73% |
| 2021-03-31 | 26.25% |
| 2020-12-31 | 28.05% |
| 2020-09-30 | 35.55% |
| 2020-06-30 | 38.60% |
| 2020-03-31 | 35.67% |
| 2019-12-31 | 32.66% |
| 2019-09-30 | 36.04% |
| 2019-06-30 | 32.76% |
| 2019-03-31 | 35.17% |
| 2018-12-31 | 4.68% |
| 2018-09-30 | 5.55% |
| 2018-06-30 | 5.85% |
| 2018-03-31 | 6.03% |
| 2017-12-31 | 6.51% |
| 2017-09-30 | 7.03% |
| 2017-06-30 | 6.82% |
| 2017-03-31 | 7.09% |
| 2016-12-31 | 1.94% |
| 2016-09-30 | 1.50% |
| 2016-06-30 | 2.18% |
| 2016-03-31 | 1.61% |
| 2015-12-31 | 1.74% |
| 2015-09-30 | 2.82% |
| 2015-06-30 | 2.58% |
| 2015-03-31 | 0.96% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2013-12-31 | 0.00% |
